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VanEck Africa Index ETF (AFK)
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Upturn Advisory Summary
12/04/2025: AFK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 9.33% | Avg. Invested days 55 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 12/04/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.07 | 52 Weeks Range 14.45 - 20.25 | Updated Date 06/29/2025 |
52 Weeks Range 14.45 - 20.25 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck Africa Index ETF
ETF Overview
Overview
The VanEck Africa Index ETF (AFK) seeks to replicate, before fees and expenses, the performance of the MVISu00ae GDP Africa Index, which is intended to track the overall performance of companies with operations in Africa.
Reputation and Reliability
VanEck is a well-established ETF provider with a strong reputation for offering specialized and thematic ETFs.
Management Expertise
VanEck has extensive experience in managing international and emerging market ETFs, demonstrating expertise in the African market.
Investment Objective
Goal
To replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISu00ae GDP Africa Index.
Investment Approach and Strategy
Strategy: The ETF tracks a market-cap-weighted index of companies domiciled in or deriving at least 50% of their revenues from Africa.
Composition The ETF primarily holds stocks of companies operating in various sectors within Africa, including financials, materials, and consumer discretionary.
Market Position
Market Share: Data unavailable; Africa-focused ETFs are a niche market, and precise market share data is limited.
Total Net Assets (AUM): 55847184
Competitors
Key Competitors
- EZA
- GAF
Competitive Landscape
The competitive landscape is limited, with a few ETFs focusing on African markets. AFK has a larger AUM but a higher expense ratio than its competitors. AFK focuses on companies that have at least 50% of their revenues from Africa. This provides broader exposure than EZA which focuses only on South Africa.
Financial Performance
Historical Performance: Historical performance data requires a time series which is not currently available.
Benchmark Comparison: Performance relative to the MVISu00ae GDP Africa Index needs a time series which is not currently available.
Expense Ratio: 0.77
Liquidity
Average Trading Volume
The average trading volume of AFK is moderate, sufficient for most investors but potentially impacting large orders.
Bid-Ask Spread
The bid-ask spread for AFK is generally moderate, reflecting the trading volume and underlying market liquidity.
Market Dynamics
Market Environment Factors
Economic growth in Africa, commodity prices, political stability, and currency fluctuations significantly impact the performance of AFK.
Growth Trajectory
The growth trajectory of AFK depends on the overall economic development and investment climate in Africa.
Moat and Competitive Advantages
Competitive Edge
AFK offers diversified exposure to the African economy through a broad index, allowing investors to participate in the growth potential of the continent. Its focus on companies with significant African revenue provides targeted exposure. Its large AUM and experience in the sector give it an advantage. AFK's management has a better understanding of the African region, providing it with an edge.
Risk Analysis
Volatility
AFK exhibits higher volatility compared to developed market ETFs due to the inherent risks associated with investing in emerging markets.
Market Risk
AFK faces market risks related to political instability, currency fluctuations, commodity price volatility, and regulatory changes in Africa.
Investor Profile
Ideal Investor Profile
The ideal investor for AFK is someone seeking long-term growth potential and diversification through exposure to the African economy, with a higher risk tolerance.
Market Risk
AFK is more suitable for long-term investors who understand emerging market risks and are willing to accept higher volatility.
Summary
The VanEck Africa Index ETF (AFK) offers exposure to companies with significant operations in Africa. It tracks the MVISu00ae GDP Africa Index and aims to provide investors with a diversified way to participate in the growth of the African economy. AFK faces risks associated with emerging markets but offers potential for higher returns. Its success depends on the economic and political stability of the African continent, making it suitable for risk-tolerant, long-term investors. It trades with moderate volume and is a reasonably cost-efficient ETF.
Similar ETFs
Sources and Disclaimers
Data Sources:
- VanEck
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data can vary based on different sources and reporting periods.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Africa Index ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normallyinvests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The index includes securities of African companies. African companies generally include local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.